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About Eastern Bank

Eastern Bank is the largest independent, mutually owned bank in New England whose distinguished history, dedication to superior service and commitment to providing customers with financial expertise have left an indelible mark on Greater Boston.

Founded in 1818 and headquartered in Boston, Eastern has combined prudent management with well-timed acquisitions to evolve from a modest savings bank to a full-service commercial bank. With $7.0 billion in assets and close to 90 branches stretching from Merrimack Valley to Cape Cod, Eastern has the size, technology and knowledge to serve our consumer and commercial bank customers, and meet the investment management needs of individuals and organizations.

As a mutual bank, we are driven not by Wall Street’s expectations but by the expectations of our customers. That is why we provide personal service, offer an array of products and develop our employees. Eastern’s 1,400 employees, many of whom are leaders in their fields, create a culture of service and accountability. Their dedication to superior service is our principal competitive advantage.

Eastern offers a full range of financial products for consumers, businesses, investors, government agencies and nonprofit organizations. We have free checking, online banking, branches that open at 7 a.m. and on Sundays, and an array of loan options, insurance and CDs. We are a top lender to small businesses while serving their deposit needs. We advise businesses both large and small in all areas of finance, including capital markets activities, equipment leasing, cash management, commercial real estate, international trade and foreign exchange. Our subsidiaries are Eastern Insurance, one of New England’s largest insurance agencies, and Fantini & Gorga, a commercial mortgage and real estate investment banking firm.

Eastern’s contributions are measured in many ways. We encourage our employees to volunteer their time and leadership skills to organizations that provide educational or social services, and the Eastern Bank Charitable Foundation supports hundreds of nonprofit groups in the region, donating $3.8 million in 2007.




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